RBI tightens Risk Norms; Draft raises Housing Loan Limits for RCBs – Indian Cooperative
The Reserve Bank of India (RBI) has proposed a comprehensive overhaul of lending and concentration risk norms for Rural Co-operative Banks (RCBs), tightening prudential safeguards while providing greater flexibility in housing finance. The central bank on Thursday released two draft Directions for public comments, with the revised framework proposed to come into effect from April…